宁夏西部创业实业股份有限公司 关联交易管理办法 （经 2025 年 10 月 28 日召开的第十届董事会第二十次会议审议通过） 第一章 总 则 第二条 公司在确认和处理关联交易时，须遵循以下原则： （一）尽量避免或减少与关联方之间的关联交易； （二）对于必须发生的关联交易，须如实披露； （三）确定关联交易价格时，须遵循公平、公正、公开以 及等价、有偿的基本商业原则； （四）公司在进行关联交易时，应当遵循诚实信用原则， 不得损害股东特别是中小股东的合法权益。 第二章 关联方与关联交易的确认 — 1 — 第三条 公司应当参照《上市规则》及深圳证券交易所其 他有关规定，确定公司关联人的名单，并及时予以更新，确保 关联人名单真实、准确、完整。公司关联人包括关联法人（或 者其他组织）和关联自然人。 （一）具有以下情形之一的法人或者其他组织，为公司的 关联法人（或者其他组织）： 1.直接或者间接地控制公司的法人（或者其他组织）； 第一条 为规范宁夏西部创业实业股份有限公司（以下简 称"公司"）的关联交易行为，保证公司与各关联方发生之关 联交易的公允性，维护公司和股东利益，依据《深圳证券交易 所股票上市规则》（以下简称《上 ...

宁夏西部创业实业股份有限公司 市值管理办法 （经 2025 年 10 月 28 日召开的第十届董事会第二十次会议审议通过） 第一条 为加强宁夏西部创业实业股份有限公司（以下简 称"公司"）市值管理，切实推动公司提升投资价值，增强投 资者回报，根据《中华人民共和国公司法》《中华人民共和国 证券法》、中国证监会《上市公司信息披露管理办法》《上市公 司监管指引第 10 号——市值管理》等法律法规、规范性文件 和《宁夏西部创业实业股份有限公司章程》（以下简称《章程》） 等规定，制定本办法。 第二条 本办法所称市值管理，是指公司以提高质量为基 础，为提升投资价值和股东回报能力而实施的战略管理行为。 第三条 市值管理的基本原则包括： （一）合规性原则：公司应当在严格遵守相关法律法规、 规范性文件、自律监管规则以及公司《章程》等规章制度的前 提下开展市值管理工作。 （二）系统性原则：公司应当按照系统思维、整体推进的 原则，协同各业务体系，以系统化方式持续开展市值管理工作。 — 1 — （三）科学性原则：公司应当按照市值管理规律进行科学 管理，科学研判影响投资价值的关键性因素，以提升公司质量 为基础开展市值管理工作。 （四） ...

第二章 人员组成 宁夏西部创业实业股份有限公司 董事会战略委员会工作细则 （经 2025 年 10 月 28 日召开的第十届董事会第二十次会议审议通过） 第一章 总 则 第一条 为完善公司法人治理结构，健全投资决策程序，适 应公司战略发展需要，增强公司核心竞争力，提高重大投资的决 策效率和决策质量，根据《中华人民共和国公司法》《上市公司 治理准则》《深圳证券交易所主板上市公司规范运作指引》《宁夏 西部创业实业股份有限公司章程》（以下简称《章程》）规定，公 司特设立董事会战略委员会，并制定本细则。 第二条 董事会战略委员会是董事会按照股东会决议设立 的专门工作机构，主要负责对公司长期发展战略和重大投资决策 进行研究并提出建议。 （二）对公司长期发展战略规划进行研究并提出建议； （三）对公司《章程》规定须经董事会批准的重大投资融资 方案进行研究并提出建议； （四）对公司《章程》规定须经董事会批准的重大资本运作、 资产经营项目进行研究并提出建议； 第三条 战略委员会由 5 名董事组成，其中至少包括一名独 立董事。 第四条 战略委员会设主任委员 1 名，由公司董事长担任。 第五条 战略委员会委员由董事长、1/2 以上 ...

Core Viewpoint - The railway and highway sector experienced a slight decline of 0.04% on October 15, while the overall market indices, such as the Shanghai Composite Index and Shenzhen Component Index, saw increases of 1.22% and 1.73% respectively [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3912.21, up by 1.22% [1] - The Shenzhen Component Index closed at 13118.75, up by 1.73% [1] - The railway and highway sector's leading stock, Xibu Chuangye, fell by 1.53% to a closing price of 5.16 [2] Group 2: Individual Stock Performance - Jinjiang Online (600650) closed at 16.36, with a rise of 3.02% and a trading volume of 79,400 shares, amounting to a transaction value of 129 million [1] - Sanfengsi (001317) closed at 49.72, increasing by 1.95% with a trading volume of 40,300 shares, totaling 198 million [1] - Haikong Group (603069) closed at 22.58, up by 1.44% with a trading volume of 92,300 shares, resulting in a transaction value of 208 million [1] Group 3: Capital Flow Analysis - The railway and highway sector saw a net inflow of 35.73 million from institutional investors, while retail investors contributed a net inflow of 4.82 million [2] - The sector experienced a net outflow of 40.55 million from speculative funds [2] - Key stocks like Jinghu High-speed Railway (601816) had a net inflow of 26.86 million from institutional investors, while it faced a net outflow of 47.95 million from speculative funds [3]

Core Insights - The article highlights significant year-on-year profit growth for various companies in the first three quarters, with some reporting exceptionally high increases in net profit [1] Group 1: Companies with Exceptional Profit Growth - Xinda Co., Ltd. expects a net profit increase of 2807.87%-3211.74% year-on-year [1] - Shenghe Resources anticipates a net profit growth of 696.82%-782.96% year-on-year [1] - Jiantou Energy projects a net profit rise of 231.75% year-on-year [1] - Batian Co., Ltd. forecasts a net profit increase of 230.79%-260.15% year-on-year [1] - Bai'ao Intelligent expects a net profit growth of 158.04%-210.20% year-on-year [1] Group 2: Companies with Notable Profit Increases - Tongxing Technology anticipates a net profit increase of 154.30%-233.77% year-on-year [1] - Ruixin Microelectronics projects a net profit growth of 116%-127% year-on-year [1] - Yahua Group expects a net profit increase of 106.97%-132.84% year-on-year [1] - Suihengyun A anticipates a net profit rise of 87.83%-180.38% year-on-year [1] - Taishan Petroleum projects a net profit increase of 87%-125% year-on-year [1] Group 3: Companies with Moderate Profit Growth - Shandong Gold anticipates a net profit increase of 83.9%-98.5% year-on-year [1] - Lutai A expects a net profit growth of 70.23%-84.12% year-on-year [1] - Zongshen Power projects a net profit increase of 70%-100% year-on-year [1] - Zijang Enterprises anticipates a net profit rise of 70%-90% year-on-year [1] - Jinjiang Shipping expects a net profit increase of 62.72%-66.89% year-on-year [1] Group 4: Companies with Lower but Positive Profit Growth - Jieshun Technology anticipates a net profit increase of 58.11%-86.01% year-on-year [1] - Gibit expects a net profit growth of 57%-86% year-on-year [1] - Xindong Link expects a net profit increase of 56.43%-91.19% year-on-year [1] - Tongda Co., Ltd. (rights protection) anticipates a net profit increase of 50.01%-111.12% year-on-year [1] - Dongwu Securities projects a net profit growth of 50%-65% year-on-year [1] Group 5: Companies Reporting Turnaround - Yuanda Intelligent (rights protection) expects a net profit of 33.83 million to 50.73 million, marking a turnaround [1] - Luoxin Pharmaceutical (rights protection) anticipates a net profit of 22.70 million to 25.20 million, indicating a turnaround [1] - Zhongke Sanhuan expects a net profit of 80 million to 100 million, also indicating a turnaround [1]

Core Viewpoint - The company, Xibu Chuangye, forecasts a net profit attributable to shareholders of 294.6 million yuan for the first three quarters of 2025, representing a year-on-year increase of 31.43% [2] Financial Performance - The expected net profit for the first three quarters of 2025 is 294.6 million yuan [2] - This figure indicates a growth of 31.43% compared to the same period last year [2]

Core Viewpoint - Western Venture (000557) expects a net profit attributable to shareholders of 295 million yuan for the first three quarters of 2025, representing a year-on-year increase of 31.43% [1] Financial Performance - The company’s full subsidiary, Ningxia Dagu Logistics Co., Ltd., was taken over by the bankruptcy administrator on June 30, 2025, resulting in the loss of control over this subsidiary [1] - The company will exclude Ningxia Dagu Logistics Co., Ltd. from its consolidated financial statements and recognize an investment income of 165 million yuan for this period [1]

Group 1 - The company, Western Entrepreneurship (000557.SZ), forecasts a net profit attributable to shareholders of 295 million yuan for the first three quarters of 2025, representing a year-on-year increase of 31.43% [1] - The net profit after deducting non-recurring gains and losses is expected to be 134 million yuan, showing a year-on-year decrease of 38.99% [1] - The decline in gross profit from railway transportation business is attributed to increased costs in vehicle maintenance, line maintenance, depreciation, and labor costs, resulting in a decrease of approximately 32.8 million yuan [1]

Core Viewpoint - Western Entrepreneur (000557.SZ) reported a net profit attributable to shareholders of 294.6 million yuan for the first three quarters, representing a year-on-year increase of 31.43%. However, the net profit after deducting non-recurring gains and losses was 134.1 million yuan, a year-on-year decrease of 38.99% [1] Financial Performance - The company expects a net profit of 294.6 million yuan for the first three quarters, up 31.43% year-on-year [1] - The net profit after excluding non-recurring items is projected at 134.1 million yuan, down 38.99% compared to the same period last year [1] Cost and Expense Analysis - The increase in safety production costs due to the implementation of the regional government's requirements for "roadway dismantling and elevation" led to an increase of approximately 49.6 million yuan [1] - The gross profit from railway transportation decreased by approximately 32.8 million yuan due to rising costs in vehicle maintenance, line repairs, depreciation, and labor [1] Non-Recurring Gains - The company lost control over its wholly-owned subsidiary, Ningxia Dagu Logistics Co., Ltd., which was taken over by a bankruptcy administrator on June 30, 2025. This resulted in a recognition of related investment income of 164.5 million yuan, categorized as a non-recurring gain [1]

Core Insights - The company expects a net profit of 295 million yuan for the first three quarters of 2025, representing a year-on-year increase of 31.43% [1] - Basic earnings per share are projected to be 0.2020 yuan per share [1] Financial Performance - The increase in safety production costs related to the "roadway demolition and elevation" requirements led to an increase of approximately 49.6 million yuan compared to the previous year [1] - The gross profit from railway transportation business decreased by approximately 32.8 million yuan due to the aforementioned costs [1] - Losses from the wholly-owned subsidiary Ningxia Dagu Logistics Co., Ltd. also impacted the gross profit of the railway transportation business [1]